An unauthorized bridge exploit resulted in the theft of 7.64 million USDC from Yala’s platform, triggering a market liquidity crisis. While some funds have been recovered, the incident highlights vulnerabilities within cross-chain bridges and its impact on user confidence. Yala responded with a $5.5 million injection to restore liquidity, partnering with legal teams for asset recovery efforts. The project reassured users that its Bitcoin reserves remained secure. 7.64 million USDC was stolen from Yala’s platform via an exploit of the platform’s cross-chain bridge on September 14, 2025. The incident triggered market panic and increased retail withdrawals from DeFi platforms like Euler as investors reacted to the security breach.